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Boston Scientific (BSX) Competitors

$77.11
+0.99 (+1.30%)
(As of 06/7/2024 ET)

BSX vs. ABT, ISRG, SYK, MDT, BDX, EW, DXCM, IDXX, RMD, and STE

Should you be buying Boston Scientific stock or one of its competitors? The main competitors of Boston Scientific include Abbott Laboratories (ABT), Intuitive Surgical (ISRG), Stryker (SYK), Medtronic (MDT), Becton, Dickinson and Company (BDX), Edwards Lifesciences (EW), DexCom (DXCM), IDEXX Laboratories (IDXX), ResMed (RMD), and STERIS (STE). These companies are all part of the "health care equipment" industry.

Boston Scientific vs.

Abbott Laboratories (NYSE:ABT) and Boston Scientific (NYSE:BSX) are both large-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, media sentiment, earnings, community ranking, valuation, risk and analyst recommendations.

Abbott Laboratories currently has a consensus price target of $120.64, suggesting a potential upside of 12.14%. Boston Scientific has a consensus price target of $76.70, suggesting a potential downside of 0.54%. Given Boston Scientific's higher probable upside, research analysts plainly believe Abbott Laboratories is more favorable than Boston Scientific.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Abbott Laboratories
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Boston Scientific
0 Sell rating(s)
2 Hold rating(s)
19 Buy rating(s)
1 Strong Buy rating(s)
2.95

In the previous week, Boston Scientific had 1 more articles in the media than Abbott Laboratories. MarketBeat recorded 18 mentions for Boston Scientific and 17 mentions for Abbott Laboratories. Boston Scientific's average media sentiment score of 0.96 beat Abbott Laboratories' score of 0.78 indicating that Abbott Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Abbott Laboratories
10 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Boston Scientific
12 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Abbott Laboratories has higher revenue and earnings than Boston Scientific. Abbott Laboratories is trading at a lower price-to-earnings ratio than Boston Scientific, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Abbott Laboratories$40.11B4.67$5.72B$3.2133.51
Boston Scientific$14.24B7.94$1.59B$1.1964.80

Abbott Laboratories has a net margin of 13.96% compared to Abbott Laboratories' net margin of 12.06%. Boston Scientific's return on equity of 20.18% beat Abbott Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Abbott Laboratories13.96% 20.18% 10.60%
Boston Scientific 12.06%16.39%9.08%

Abbott Laboratories has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500. Comparatively, Boston Scientific has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500.

Boston Scientific received 81 more outperform votes than Abbott Laboratories when rated by MarketBeat users. However, 69.67% of users gave Abbott Laboratories an outperform vote while only 69.39% of users gave Boston Scientific an outperform vote.

CompanyUnderperformOutperform
Abbott LaboratoriesOutperform Votes
921
69.67%
Underperform Votes
401
30.33%
Boston ScientificOutperform Votes
1002
69.39%
Underperform Votes
442
30.61%

75.2% of Abbott Laboratories shares are held by institutional investors. Comparatively, 89.1% of Boston Scientific shares are held by institutional investors. 1.1% of Abbott Laboratories shares are held by company insiders. Comparatively, 0.5% of Boston Scientific shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Abbott Laboratories beats Boston Scientific on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BSX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BSX vs. The Competition

MetricBoston ScientificSurgical & medical instruments IndustryMedical SectorNYSE Exchange
Market Cap$113.13B$3.91B$5.21B$17.72B
Dividend YieldN/A1.79%2.73%3.55%
P/E Ratio64.809.53119.1222.92
Price / Sales7.9468.802,422.7414.39
Price / Cash26.2248.3435.1220.21
Price / Book5.784.314.964.99
Net Income$1.59B$4.50M$110.41M$975.94M
7 Day Performance2.04%-1.00%-1.08%-1.87%
1 Month Performance6.04%-0.39%-0.64%-0.74%
1 Year Performance50.99%-18.40%2.85%8.66%

Boston Scientific Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ABT
Abbott Laboratories
4.9155 of 5 stars
$103.23
-0.2%
$120.64
+16.9%
+5.8%$179.58B$40.33B32.16114,000Analyst Forecast
ISRG
Intuitive Surgical
4.442 of 5 stars
$417.24
+2.6%
$403.67
-3.3%
+35.9%$148.00B$7.12B75.3113,676Insider Selling
SYK
Stryker
4.7256 of 5 stars
$345.86
+1.1%
$370.58
+7.1%
+25.7%$131.76B$20.50B39.4852,000Positive News
MDT
Medtronic
4.7927 of 5 stars
$82.32
-1.1%
$93.00
+13.0%
+1.4%$110.57B$32.36B29.9395,000Analyst Forecast
BDX
Becton, Dickinson and Company
4.822 of 5 stars
$236.36
-0.9%
$280.17
+18.5%
-4.6%$68.93B$19.72B52.0673,000Analyst Upgrade
EW
Edwards Lifesciences
4.7735 of 5 stars
$87.03
-0.4%
$95.06
+9.2%
+5.6%$52.44B$6.00B37.5119,800Analyst Revision
DXCM
DexCom
4.9546 of 5 stars
$118.08
+1.2%
$140.94
+19.4%
-3.3%$46.41B$3.80B76.189,600
IDXX
IDEXX Laboratories
4.3592 of 5 stars
$495.84
+1.0%
$580.38
+17.0%
+10.4%$40.56B$3.72B48.0011,000Analyst Downgrade
News Coverage
Positive News
RMD
ResMed
4.1782 of 5 stars
$213.24
+1.0%
$202.80
-4.9%
-1.8%$31.02B$4.58B32.7610,140Positive News
STE
STERIS
3.5867 of 5 stars
$229.95
+0.6%
$241.60
+5.1%
+9.1%$22.74B$5.14B60.2018,179Analyst Upgrade

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This page (NYSE:BSX) was last updated on 6/8/2024 by MarketBeat.com Staff

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